Auto Dealers Predict Sales Will Bounce Back In 2010
LINDA WERTHEIMER, Host:
NPR's Ted Robbins reports.
TED ROBBINS: Paul Taylor is the chief economist for the National Automobile Dealers Association. He says the main reason more people will make what's typically their second biggest purchase is growing confidence that their biggest purchase, their home, won't depreciate much further.
WERTHEIMER: The other thing is, they've run the mileages up on many of these vehicles that they've tended to drive during the recession, and it's simply time to trade. Many of them will feel they can't drive the vehicle yet another year.
ROBBINS: Ted Robbins, NPR News.
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